Asia/Pacific
CB&I awarded storage project in Central Asia
THE WOODLANDS, Texas — CB&I announced it has been awarded a contract valued at approximately $50 MM for a storage project in Central Asia. CB&I's scope of work includes the engineering, fabrication and construction of nine flat bottom tanks.
China's plastic demand to rise as foreign garbage ban to curb recycled supply
SINGAPORE (Reuters) — China's already soaring plastic demand may rise even further as the government plans to ban waste-plastic imports by the end of this year, which will curb domestic plastic recycling.
China set for ethanol binge as Beijing pumps up renewable fuel drive
BEIJING (Reuters) — China's bold plan to blend renewable fuels into its gasoline supply within 3 yr will revolutionize its fledging biofuels industry, industry players said, likely spurring billions of dollars in investment in ethanol factories.
India's fuel demand falls the most in over 14 yr
NEW DELHI (Reuters) — India's fuel consumption fell 6.1% in August, its fastest rate of decline since April 2003, as heavy rainfall across the country cut the use of diesel for irrigation pumps and curbed demand for auto fuels.
S.Korea's GS Caltex says unsure when will restart fire-hit hydrocracker, aromatics unit
SEOUL (Reuters) — GS Caltex, South Korea’s second-largest oil refiner, said on Monday that it was unsure when it would be able to restart a hydrocracker and aromatics unit after they were hit by fire last month.
PTTGC announces $4 B 5-yr investment plan for eastern Thailand
BANGKOK (Reuters) — PTT Global Chemical Pcl, Thailand’s largest petrochemical producer, on Tuesday announced a $4 B investment plan over the next 5 yr in an industrial development on the eastern seaboard.
Profits on producing gasoil, jet fuel soar in Asia as demand outpaces supply
SINGAPORE (Reuters) — Profits on churning out barrels of gasoil and jet fuel in Asia could keep climbing after marking their highest in nearly two years this month, boosted as demand outpaces supply hit by a string of refinery outages both internationally and in the region.
Shell eyes Asia, aims to expand vehicle recharging at fuel stations
LONDON (Reuters) — Royal Dutch Shell aims to expand marketing operations in Asia and wants 20% of sales from its fuel stations worldwide to come from recharging electric vehicles and low carbon fuels by 2025, as the world shifts away from crude.
CB&I announces technology award for petchem plant in China
THE WOODLANDS, Texas — CB&I announced it has been awarded a contract by Xuzhou HaiDing Chemical Technology Co. Ltd. for the license and engineering design of a grassroots propane dehydrogenation unit to be built in Pizhou, Jiangsu Province, China.
Saudi to supply full crude allocations to most Asian refiners
SINGAPORE/SEOUL (Reuters) — Saudi Arabia will supply full contracted volumes of crude oil to at least five north Asian term buyers in October, while a sixth regional refiner was notified of cuts to its October Arab Extra Light supplies, sources familiar with the matter said on Monday.
- Iran's Revolutionary Guards say they targeted petrochemical facilities in the Gulf 4/6
- Damietta Green Ammonia completes pre-FEED for $873-MM, 150,000-tpy green ammonia facility 4/6
- EIB and Eni sign €500-MM in financing for new biorefinery in Sannazzaro de’ Burgondi 4/6
- Petrobras delivers LPG sold at steep premiums despite Lula move to annul auction 4/3
- Plug Power to supply 275-MW GenEco electrolyzer system for Hy2gen’s Courant decarbonized ammonium nitrate project 4/3
- Vietnam refinery boosting jet fuel production 4/3
